PE firm Veritas said to be weighing a takeover offer for BlackBerryBlackBerry had said in May it would conduct a review of strategic alternatives.

Private equity firm Veritas Capital is considering a takeover offer for Canadian software company BlackBerry, according to a person familiar with the matter.

US-listed shares of BlackBerry rose about 17%.

Details of the offer could not be learned. Veritas and Blackberry did not immediately respond to Reuters’ requests for a comment.

BlackBerry had said in May it would conduct a review of strategic alternatives, which includes the possible separation of one or more of its businesses.

Reuters

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